Toyota Signs PPA for Solar Energy from Closed Coal Mine Project

May 25, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Renewable energy company Savion Energy LLC (Kansas City, Missouri) has moved a step closer toward establishing a solar power facility at the site of a closed Kentucky coal mine. Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) has signed a power purchase agreement (PPA) for 100 megawatts (MW) of power from the planned facility. Industrial Info is tracking $970 million worth of Savion projects and $8.5 billion worth of active solar projects in Kentucky.

Other companies featured: First Solar Incorporated (NASDAQ:FSLR)